Workers’ compensation is basically an insurance program that offers medical care as well as cash benefits for workers in the event they get injured as a consequence of their job activity.
Michael Saltzstein is a professional and visionary specializing in financial structures, strategic planning, global risks, worker’s compensation, and multi-line claims.
It is the responsibility of employers to pay their worker’s compensation insurance, while employees don’t need to contribute anything towards the insurance. The cash benefits and medical health care are provided by the insurer as deputed by the employer as per the guideline of the workers’ Compensation Board. In worker’s compensation cases, no single party is considered at fault.
The compensation amount that an injured and claimant worker receives cannot be reduced due to the carelessness of the claimant and cannot be increased due to any fault of the employer. However, a worker will be denied the right to avail of workers’ compensation if the cause of the injury takes place due to drug or alcohol intoxication of the worker. Similarly, their right for having workers’ compensation will be void if it is found that it is a deliberate injury of the worker or caused due to fighting with another worker or making some other worker injured.
A claim is thereby approved and paid whereas the employer and insurance carrier admits that the illness or injury is work-linked. However if any part maybe the employer or insurance disagrees with the claim, the worker will receive no cash benefit unless the law judges of worker’s compensation law determine who is right and the worker is worth getting the benefit.
In that case, the claimant can get in touch with someone like Michael Saltzstein, an expert in handling worker’s compensation disputes and claims with a notable track record.
How Much a Worker Can Get as Compensation?
Regardless of the type of your business, the ailments of workers and on-the-job injuries are a natural occurrence. The objective of worker’s compensation insurance is to provide the necessary health care, benefits, and compensation if any employee got injured on the job or got ill. Sick or injured workers need to file a claim for compensation and in turn receive payments on a weekly basis to manage their medical bills as well as lost wages. It is to be noted at your employee cannot get any coverage under this insurance if the worker makes the claim for a personal injury, which has no relation to their workplace job.
Average Weekly Wages
Workers’ compensation insurance offers injured or ill claimant employees a certain percentage of the average weekly wage that the employee receives. The weekly payment amount they get depends on the rule and regulations of state worker’s compensation insurance.
Partial vs Total Disability
The weekly payment amount to your employee is also determined based on the kind of illness or injury they have. A partially or completely disabled employee will have different benefits compared to those having a temporary injury. Typically, a completely disabled employee gets 2/3rd or 60% of the average weekly wage.